What is ESCO-in-a-box?
Many small businesses (SMEs) want to reduce their energy use and save money but lack the time or resources to unlock the wide range of financial, environmental, and social gains provided by energy efficiency upgrades.
EPConnect’s ESCO-in-a-box equips organisations that want to offer energy efficiency services to SMEs with the tools to deliver low hassle, financially viable projects for clients who want to implement change.
ESCO-in-a-box provides standardised processes and documentation based on international best practice, access to competitive loans and finance opportunities, and support with setup and marketing.
The ESCO-in-a-box licence gives access to:
a suite of standardised documentation, including fully developed contracts for each stage of the process between relevant parties
a toolkit for vetting contractors, appointing them to a framework and managing quality assurance
blended financial packages from a range of finance sources providing access to specialist low-interest loans and finance opportunities for Partner ESCO clients
digital tools to cut transaction costs, streamline delivery, and provide risk management
cohesive branding, marketing and business development packages if required
one-on-one support from EPConnect experts
The ESCO-in-a-box system enables new ESCOs to help SMEs:
understand the benefits of energy efficiency
achieve carbon reduction targets and make a positive environmental contribution
evaluate the opportunity to deliver healthy and safe buildings
build confidence in contractors and technologies
benefit from an assured energy saving, arranged and enforced on their behalf
track their carbon reduction performance with measurement and verification technology.
Watch our webinar introducing ESCO-in-a-box here:
'The Climate Emergency: How to make SMEs part of the solution'
Community Energy Groups
ESCO-in-a-box has been designed to support community energy groups that enjoy strong links with local SMEs and business networks, who want to create a Community Energy Services Company to deliver energy efficiency projects to SMEs, to lower energy use, while saving clients time and money. ESCO-in-a-box provides all the standardised documentation, access to specialist finance and support to help establish a new community ESCO, even helping assess trustworthy contractors. The standardised documentation and blended finance packages generated by EPConnect, offers a low risk option to local organisations, with savings made by reducing energy bills to help cover upfront costs.
Local or regionally based contractors can now expand their service offering into energy efficiency upgrades with minimal upfront cost to their customers. The ESCO-in-a-box standardised legal templates and EPConnect’s centrally held financial expertise offering access to specialist loans enables contractors to develop compelling energy efficiency projects for their clients. The simplicity of the business model makes it straight forward to implement while also providing a secure commercial and legal platform to build client relationships on, and with the support of the EPConnect team on hand to help with business development, it is a low risk model for business use.
There is an urgent requirement for Local Authorities, many of whom are declaring Climate Emergencies, to increase engagement with local businesses on clean energy. ESCO-in-a-box enables Local Authorities to overcome financial and legal barriers that can often be the stumbling block to offering their business communities energy efficiency solutions. The system offers a standardised framework of legal documentation, access to competitive financing, employment for local contractors and installers, and significant carbon reduction benefits for businesses in the community. EPConnect is happy to work with Local Authorities and Local Enterprise Partnerships to help establish a regional ESCO.
Please get in touch with your questions and we'll get back to you shortly.